LINK/USDT Support & Resistance Zones – What’s Next?
Hey traders! Let’s simplify your LINK/USDT chart and break it down in easy terms:
Current Price: $13.56
Resistance Zones (Where Price Might Fall):
🔵 Strong Resistance: $51.85 - $52.75
🟣 Intermediate Resistance: Around $37.97
🟢 Short-Term Resistance (Trendline): Price is struggling to break this downtrend
Support Zones (Where Price Might Bounce):
🔴 Immediate Support: $12.23 – Holding price for now
🟠 Strong Support Zone: Around $8.98 – Buyers may enter here
3 Possible Scenarios:
1️⃣ Bearish Move:
If LINK can’t break the trendline and drops below $12.23, it might head to $8.98
2️⃣ Sideways Range:
It might stay between $12.23 and $16.44 for some time
3️⃣ Bullish Breakout:
If LINK breaks the trendline and goes above $16.44, it could target $37.97 and maybe even $52+ later
📊 Volume: Strong moves = High volume
📉 Trendline: Still pointing down, keep an eye
📰 News: Chainlink updates or market news can affect price
#cryptouniverseofficial #MarketPullback #USHouseMarketStructureDraft
